Black Sea futures are under nominal price
2012-07-03 17:42:19
On July 02, the price for Black Sea Wheat futures BSW for September delivery remained unchanged again due to absence of trading and still amounted to USD 255/MT. Black Sea Wheat futures have been steady during 17 sessions in a row.
There are no bid prices on Black Sea futures market. It should be noted that there are no bids even from the market maker. The quantity of ask prices increased slightly in comparison with the previous periods. Ask prices are ranged between USD 244-250/MT that is rather low against surge of both global and spot prices.